Description
Off Plan approved apart/hotel development for sale in the city beach district of Ponta Negra in Natal.
Features
- Off-Plan apart/hotel development
- Approved and ready to start building phase
- 82 unit project including penthouses
- Total land area is 3,336.82 sq/m's
- Total build area for the project is 6,423.54 sq/m's
- 2 blocks back from Ponta Negra beachfront
- Highly recommended investment opportunity
- Ideal location
Overview
A recently approved project ready for building phase.
The current owner is willing to sell the land complete with approved project to any interested investor and will assist with the building phase if required.
The project delivers an apart/hotel complex in the Ponta Negra beach district of Natal.
The asking price for the land and the approved project is R$7,000,000, the estimated build cost for the project is R$9,000,000, and the sales value for selling units off at todays prices is R$24,350,000, meaning a gross profit of R$8,350,000.
Prices per square metre in Natal have seen tremendous growth over the past few years and the projection is for them to continue increasing at a pace because of property demand in the area and huge investments being made from overseas.
The concept of an apart/hotel is quite common in Brazilian capital cities and operates by selling off studios/apartments within a complex and ultimately delivering structure and facilities to operate the hotel business as defined in the project specification.
There are a total of 74 units to be built ranging from 35 sq/m studio's with balcony to 139 sq/m 2 bed penthouses (areas quoted include private balcony space for each unit).
The communal pool will be a central feature of the overall design offering ocean views with the poolside bar and restaurant area conveniently located adjacent.
The project will deliver 75 parking spaces in total with one being allocated for a bus.
All apartments will have ocean views and balconies.
A prime location in the most famous beach district of Natal.
Regular chartered flights have been operating into Natal for many years and more recently,Thomsons the UK based holiday company have been operating flights from Gatwick direct into Natal.
Please refer to attached floor plans for more information regarding the layout and breakdown of the units.
Interested investors are invited to contact us for more details.
Location
Ponta Negra beach district, Natal, Rio Grande do Norte, North East Brazil.
Walking distance to the beach, shops, restaurants and nightlife.
20 minutes drive to Natal International airport.
Specification
An approved apart/hotel project ready for construction. The new buyer will own the land and the project for the advertised selling price.
Associated Costs
The advertised selling price of this off plan hotel for sale in Brazil includes the cost for allocation of your individual Brazilian CPF number, which is required for you to buy a property in Brazil, although, does not include registration taxes/fees paid in Brazil to put the property into your name.
Although it is not mandatory to use a Lawyer when buying a property in Brazil, due to the fact that a CRECI registered estate agent is qualified to carry out the complete property sale and purchase transaction in Brazil, Brazil Overseas Property recommends that you do use an independent lawyer in Brazil registered and qualified with the OAB (Ordem dos Advogados do Brasil), and a Lawyer who is also familiar with the region where you intend to buy your property in Brazil, as well as being fully qualified to deal with the type of property you are buying.
If you are an overseas investor intending to buy off plan hotel property in Brazil, then you should always receive an officially translated version of the sale and purchase contract into your native language for the property you are buying in Brazil.
Legal fees and officially translated documents are not included within the advertised selling price of this Brazilian property.